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Author: Rodger David Swanson Publisher: ISBN: 9781267439321 Category : Delivery of goods Languages : en Pages : 210
Book Description
This dissertation examines the relationship between inventory cost (IC) and transportation cost (TC). The association of the two has been recognized for over a hundred years; accordingly, managers and academics have believed that these costs have offsetting properties such that combinations of inventory and transportation expenditures can be altered to fit different strategic objectives. However, the behavior of this relationship in practice has not been tested. The essays of this dissertation examine this relationship through multiple theoretical lenses and with multiple data sets. Essay 1 examines aggregate IC and TC in the United States from 1960-2009. This period coincides with the recognition of total cost management and the ensuing practice of inventory and transportation tradeoff. Essay 1 provides new insight into the macroeconomic relationship of IC and TC by providing a model of their relationship. Examination reveals distinct differences before and after transportation deregulation in the United States. Essay 2 continues the investigation of the relationship between IC and TC, this time using firm-specific, panel data that spans a five-year period from 2006-2011. Inventory theory is used to identify variables and build a model that forecasts firm inventory. To this base model, TC is added. Findings support the research in Essay 1 by confirming that firms do show indication of balancing IC and TC. Essay 3 examines the use of transportation benchmarking information and how it affects firm performance. Based on information processing theory, the impact of transportation benchmarking information on a firm's ability to reduce transportation cost (TC) is examined. A variable is created that is the ratio of a firm's transportation expenditure to the total transportation expenditure in the benchmarking consortium. Panel data is used to test the impact of this ratio on a firm's ability to reduce transportation costs. Empirical analysis shows that transportation costs are convex in the ratio, and the results support the efficacy of transportation expenditure benchmarking.
Author: Rodger David Swanson Publisher: ISBN: 9781267439321 Category : Delivery of goods Languages : en Pages : 210
Book Description
This dissertation examines the relationship between inventory cost (IC) and transportation cost (TC). The association of the two has been recognized for over a hundred years; accordingly, managers and academics have believed that these costs have offsetting properties such that combinations of inventory and transportation expenditures can be altered to fit different strategic objectives. However, the behavior of this relationship in practice has not been tested. The essays of this dissertation examine this relationship through multiple theoretical lenses and with multiple data sets. Essay 1 examines aggregate IC and TC in the United States from 1960-2009. This period coincides with the recognition of total cost management and the ensuing practice of inventory and transportation tradeoff. Essay 1 provides new insight into the macroeconomic relationship of IC and TC by providing a model of their relationship. Examination reveals distinct differences before and after transportation deregulation in the United States. Essay 2 continues the investigation of the relationship between IC and TC, this time using firm-specific, panel data that spans a five-year period from 2006-2011. Inventory theory is used to identify variables and build a model that forecasts firm inventory. To this base model, TC is added. Findings support the research in Essay 1 by confirming that firms do show indication of balancing IC and TC. Essay 3 examines the use of transportation benchmarking information and how it affects firm performance. Based on information processing theory, the impact of transportation benchmarking information on a firm's ability to reduce transportation cost (TC) is examined. A variable is created that is the ratio of a firm's transportation expenditure to the total transportation expenditure in the benchmarking consortium. Panel data is used to test the impact of this ratio on a firm's ability to reduce transportation costs. Empirical analysis shows that transportation costs are convex in the ratio, and the results support the efficacy of transportation expenditure benchmarking.
Author: Carlos Daganzo Publisher: Springer Science & Business Media ISBN: 9783540239147 Category : Business & Economics Languages : en Pages : 328
Book Description
"... a well structured and documented book that certainly reflects the new era of logistics." Journal of the Operational Research Society (of a previous edition) Expanded edition includes new research results and numerous modifications to enhance comprehensiveness and clarity. Two new sections, a new appendix, and more than half a dozen new figures. Provides new concept for an integrated examination of logistics systems Features "reasonable" solutions requiring as little information as possible
Author: Daniel Kern Publisher: Springer Science & Business Media ISBN: 3834962279 Category : Business & Economics Languages : en Pages : 150
Book Description
Daniel Kern provides an answer on how to implement the theoretical concepts into day-to-day business of multinational corporations through the empirical validation of SCM models and in-depth casestudies. The four essays cover research on inter-firm collaboration, supply risk management, purchasing competences and research on measuring and benchmarking SCM efforts.
Author: Payam Parsa Publisher: ISBN: Category : Business logistics Languages : en Pages : 306
Book Description
Supply chain collaboration programs, such as continuous replenishment program (CRP), is among the most popular supply chain management practices. CRP is an arrangement between two partners in a supply chain to share information on a regular basis for lowering logistics costs while maintaining or increasing service levels. CRP shifts the replenishment responsibility to the upstream partner to avoid the bullwhip effect across the supply chain. This dissertation aims to quantify, measure, and expand the benefits of CRP for the purpose of reducing logistics cost and improving customer service. The developed models in this dissertation are all applied in different case studies supported by a group of major healthcare partners. The first research contribution, discussed in chapter 2, is a comprehensive data-driven cost approximation model that quantifies the benefits of CRP for both partners under three cost components of inventory holding, transportation and ordering processing without imposing assumptions that normally do not hold in practice. The second contribution, discussed in chapter 3, is development of a verifiable efficiency measurement system to ensure the benefits of CRP for all partners. Multi-functional efficiency metrics are designed to capture the trade-off in gaining efficiency between multiple functions of logistics (i.e. inventory efficiency, transportation efficiency, and order processing efficiency). In addition, a statistical process control (SPC) system is developed to monitor the metrics over time. We discuss suitable SPC systems for various time series behaviors of the metrics. The third contribution of the dissertation, discussed in chapter 4, is development of a multi-objective decision analysis (MODA) model for multi-stop truckload (MSTL) planning. MSTL is becoming increasing popular among shippers while is experiencing significant resistance from carriers. MSTL is capable of reducing the shipping cost of shippers substantially but it can also disrupt carriers' operations. A MODA model is developed for this problem to incorporate the key decision criteria of both sides for identifying the most desirable multi-stop routes from the perspective both decision makers.
Author: R. Hickman Publisher: Edward Elgar Publishing ISBN: 085793726X Category : Business & Economics Languages : en Pages : 724
Book Description
In the last forty years or so the research field exploring the relationship and interaction between transport and development has developed rapidly. While sophistication in analysis has increased, understanding the effective integration of transport and development often remains poor in theory and in practice - with sometimes devastating effects. This Handbookprovides a comprehensive analysis of both the current and emerging thinking in this field, drawing on multidisciplinary thinking in transport planning, transport, urban and spatial economics, and the wider social sciences. With 45 chapters from leading international authors, the book is organised around three main themes: - urban structure and travel - transport and spatial impacts - wider dimensions in transport and development. The chapters each present commentary on key issues within these themes, presenting the debate on the impacts of urban structure on travel, the impacts of transport investment on development, and social and cultural change on travel. A multitude of competing inter-disciplinary perspectives are considered - leaving the reader with an invaluably comprehensive and critical understanding of the field. This major Handbookwill serve as a guide for undergraduates and graduate students, researchers, consultants, and also practitioners and policy makers, wishing to find a comprehensive and original reference to research on transport and development. Contributors: J.A. Annema, F. Avelino, D. Banister, D. Bonilla, F. Bruinsma, C.C. Cantarelli, X. (Jason) Cao, C.-L. Chen, G. Cohen-Blankshtain, C. Curtis, G. Dane, J. Dodson, A. Donald, R. Dowling, M. Echenique, A. El-Geneidy, R. Ewing, E. Feitelson, B. Flyvbjerg, N. Garrick, H. Geerlings, K. Geurs, M. Givoni, A.R. Goetz, P. Gordon, A. Grigolon, D. Halden, P. Hall, I. Hamiduddin, S. Handy, P. Headicar, D.A. Hensher, D. Hidalgo, R. Hickman, R. Hjorthol, M. Hillman, E. Holden, T. Holvad, H. Holzapfel, M. Iacono, O.B. Jensen, P. Jones, J. Kenworthy, S. Kenyon, C.A. Klöckner, K.J. Krizek, B. Lee, S. Leleur, D. Levinson, T. Li, Z. Li, K. Linnerud, S. Marshall, W. Marshall, E. Matthies, L. Meija Dorantes, R. Meyfahrt, P. Mokhtarian, J.C. Muñoz, P. Naess, P. Newman, S. Nordbakke, S. Petheram, S. Rasouli, P. Rietveld, O. Rotem-Mindali, T. Schwanen, N. Sipe, D. Stead, P. Stoker, G. Stokes, H. Timmermans, B. Van Wee, R. Wilson, D. Yang
Author: Jose A. Gomez-Ibanez Publisher: Brookings Institution Press ISBN: 9780815715696 Category : Business & Economics Languages : en Pages : 592
Book Description
This comprehensive survey of transportation economic policy pays homage to a classic work, Techniques of Transportation Planning, by renowned transportation scholar John R. Meyer. With contributions from leading economists in the field, it includes added emphasis on policy developments and analysis. The book covers the basic analytic methods used in transportation economics and policy analysis; focuses on the automobile, as both the mainstay of American transportation and the source of some of its most serious difficulties; covers key issues of urban public transportation; and analyzes the impact of regulation and deregulation on the U.S. airline, railroad, and trucking industries. In addition to the editors, the contributors are Alan A. Altshuler, Harvard University; Ronald R. Braeutigam, Northwestern University; Robert E. Gallamore, Union Pacific Railroad; Arnold M. Howitt, Harvard University; Gregory K. Ingram, The Wold Bank; John F. Kain, University of Texas at Dallas; Charles Lave, University of California, Irvine; Lester Lave, Carnegie Mellon University; Robert A. Leone, Boston University; Zhi Liu, The World Bank; Herbert Mohring, University of Minnesota; Steven A. Morrison, Northeastern University; Katherine M. O'Regan, Yale University; Don Pickrell, U.S. Department of Transportation; John M. Quigley, University of California, Berkeley; Ian Savage, Northwestern University; and Kenneth A. Small, University of California Irvine.
Author: Christopher F. Parmeter Publisher: Emerald Group Publishing ISBN: 1837978751 Category : Business & Economics Languages : en Pages : 401
Book Description
It is the editor’s distinct privilege to gather this collection of papers that honors Subhal Kumbhakar’s many accomplishments, drawing further attention to the various areas of scholarship that he has touched.
Author: Rodger David Swanson
Author: Rodger David Swanson
Author: Michael Charles McLaughlin
Author: Carlos Daganzo
Author: Daniel Kern
Author: Payam Parsa
Author: R. Hickman
Author: 
Author: S.H. Putman
Author: Jose A. Gomez-Ibanez
Author: Christopher F. Parmeter